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Annual Report 2017 for Web

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54 YSA ANNUAL REPORT <strong>2017</strong><br />

YOUNG SIKH ASSOCIATION (SINGAPORE)<br />

<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2017</strong><br />

_________________________________________________________________________________________________________<br />

f) CURRENCIES TRANSLATION<br />

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<br />

Transactions and balances<br />

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<br />

translation differences from the settlement of such transactions and from the translation of monetary<br />

assets and liabilities denominated in <strong>for</strong>eign currencies at the closing rates at the date of statement<br />

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g) REVENUE<br />

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<strong>2017</strong> 2016<br />

$ $

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